UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
NOTIFICATION OF LATE FILING
(CHECK ONE):[X]FORM 10-KSB [ ]FORM 20-F [ ]FORM 11-K [ ]FORM 10-Q [ ]FORM N-SAR
FOR PERIOD ENDED: DECEMBER 31, 2002
[ ] TRANSITION REPORT ON FORM 10-K
[ ] TRANSITION REPORT ON FORM 20-F
[ ] TRANSITION REPORT ON FORM 11-K
[ ] TRANSITION REPORT ON FORM 10-Q
[ ] TRANSITION REPORT ON FORM N-SAR
FOR THE TRANSITION PERIOD ENDED: _________________
IF THE NOTIFICATION RELATES TO A PORTION OF THE FILING CHECKED ABOVE, IDENTIFY
THE ITEM(S) TO WHICH THE NOTIFICATION RELATES:
(PART I REGISTRANT INFORMATION)
TMI HOLDINGS, INC.
FULL NAME OF REGISTRANT
N/A
FORMER NAME IF APPLICABLE
4463 PAHE'E STREET, SUITE 203-B
ADDRESS OF PRINCIPAL EXECUTIVE OFFICER (STREET AND NUMBER)
LIHUE, HAWAII 96766
CITY, STATE AND ZIP CODE
PART II - RULES 12B-25(B) AND (C)
IF THE SUBJECT REPORT COULD NOT BE FILED WITHOUT UNREASONABLE EFFORT OR EXPENSE
AND THE REGISTRANT SEEKS RELIEF PURSUANT TO RULE 12B-25(B), THE FOLLOWING SHOULD
BE COMPLETED. (CHECK BOX IF APPROPRIATE)
| A) THE REASONS DESCRIBED IN REASONABLE DETAIL IN PART III OF THIS FORM
| COULD NOT BE ELIMINATED WITHOUT UNREASONABLE EFFORT OR EXPENSE;
| B) THE SUBJECT ANNUAL REPORT, SEMI-ANNUAL REPORT, TRANSITION REPORT
| ON FORM 10-K, FORM 20-F, 11-K, OR FORM N-SAR, OR PORTION THEREOF,
| WILL BE FILED ON OR BEFORE THE FIFTEENTH CALENDAR DAY FOLLOWING THE
[ X ] | PRESCRIBED DUE DATE; OR THE SUBJECT QUARTERLY REPORT OF TRANSITION
| REPORT ON FORM 10-Q, OR PORTION THEREOF WILL BE FILED ON OR BEFORE
| THE FIFTH CALENDAR DAY FOLLOWING THE PRESCRIBED DUE DATE; AND
| C) THE ACCOUNTANT'S STATEMENT OR OTHER EXHIBIT REQUIRED BY
| RULE 12B-25(C) HAS BEEN ATTACHED IF APPLICABLE.
PART III NARRATIVE
STATE BELOW IN REASONABLE DETAIL WHY FORMS 10-K, 20-F, 11-K, 10-Q, N-SAR, OR THE
TRANSITION REPORT OR PORTION THEREOF, COULD NOT BE FILED WITHIN THE PRESCRIBED
TIME PERIOD.
DATA AND OTHER INFORMATION REGARDING CERTAIN MATERIAL OPERATIONS OF
THE COMPANY AS WELL AS ITS FINANCIAL STATEMENTS REQUIRED FOR THE FILING
ARE NOT CURRENTLY AVAILABLE AND COULD NOT BE MADE AVAILABLE WITHOUT
UNREASONABLE EFFORT AND EXPENSE.
PART IV OTHER INFORMATION
(1) NAME AND TELEPHONE NUMBER OF PERSON TO CONTACT IN REGARD TO THIS
NOTIFICATION.
SCOTT SIEGEL (954) 579-8599
------------------- ----------- ------------------
(NAME) (AREA CODE) (TELEPHONE NUMBER)
(2) HAVE ALL OTHER PERIODIC REPORTS REQUIRED UNDER SECTION 13 OR 15(D)OF
THE SECURITIES EXCHANGE ACT OF 1934 OR SECTION 30 OF THE INVESTMENT
COMPANY ACT OF 1940 DURING THE PRECEDING 12 MONTHS OR FOR SUCH
SHORTER PERIOD THAT THE REGISTRANT WAS REQUIRED TO FILE SUCH REPORT(S)
BEEN FILED? IF ANSWER IS NO, IDENTIFY REPORT(S).
[ X ] YES [ ] NO
(3) IS IT ANTICIPATED THAT ANY SIGNIFICANT CHANGE IN RESULTS OF OPERATIONS
FROM THE CORRESPONDING PERIOD FOR THE LAST FISCAL YEAR WILL BE
REFLECTED BY THE EARNINGS STATEMENTS TO BE INCLUDED IN THE SUBJECT
REPORT OR PORTION THEREOF?
[ ] YES [ X ] NO
IF SO, ATTACH AN EXPLANATION OF THE ANTICIPATED CHANGE, BOTH NARRATIVELY AND
QUANTITATIVELY, AND, IF APPROPRIATE, STATE THE REASONS WHY A REASONABLE ESTIMATE
OF THE RESULTS CANNOT BE MADE.
TMI HOLDINGS, INC.
____________________________________________________________________
(NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
HAS CAUSED THIS NOTIFICATION TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED
HEREUNTO DULY AUTHORIZED.
DATE: MARCH 31, 2003 /S/ SCOTT SIEGEL
---------------------------------
BY: SCOTT SIEGEL
ITS: PRESIDENT, CHIEF EXECUTIVE
OFFICER AND CHIEF FINANCIAL
OFFICER